[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Monday volume, TS questions



PureBytes Links

Trading Reference Links

Go to tools inside of Trade Station and select the "PRICE DATA" tab and de
select the "Show empty daily trading periods" and "Show empty intra day
trading periods"

James Semmons

At 08:46 PM 2/25/98 +0100, hans esser wrote:
>> 2. I can't figure out how to get TS to acknowledge holidays.
>>    I have my TS set up with the American holiday list, and the list
>>    contains the holidays I expect it to have, and the exchange uses
>>    the American list.  But every holiday, I have a gap in my data.
>>    Any suggestions how I might fix this?
>
>inside charting GO
>TOOLS
>OPTIONS
>TAB: PRICE DATA
>UNCHECK 2nd choice
>
>I dont like doing it, as it HIDES periods of the day where you might 
>have missed data for whatever reason - but thats one option
>
>OMEGA told me that the HOLIDAY LIST does not have the function you 
>want it to do (like above) and me too - it has a different one, which 
>I forgot.........
> 
>rgds hans
>
>hope this mail does help you somehow
>
>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>Date forwarded:   Thu, 15 Jan 1998 14:42:34 -0800
>From:             dennis.boyle@xxxxxxxxxxxxxxxxx
>Date sent:        Thu, 15 Jan 1998 15:34:09 -0500
>To:               omega-list@xxxxxxxxxx
>Subject:          Omega Research / Holiday List / Martin Luther King
>Jr. Day Forwarded by:     omega-list@xxxxxxxxxx
>
>Monday, January 19 (Martin Luther King, Jr. Day) is a new exchange
>holiday. It is not listed in the Omega Research Server Holiday List.
>Therefore, unless you set up the holiday in the Holiday List, daily
>settlement prices for all domestic exchanges from Friday, January 16
>will be duplicated on all daily data based charts on Monday, January
>19. To ensure normal data collection, you will have to set up the new
>holiday in the American Holiday List. 
>
>This document contains the following instructions:
>
>A.  How to set up the holiday in the Holiday List to ensure normal
>operation. B.  What to do after the holiday if you did not add the
>holiday to the Holiday List. C.  Frequently asked questions pertaining
>to holidays in general.
>
>
>A.  How to setup the holiday in the Holiday List:
>
>1.  In the Omega Research Server, use the Tools - Holiday Setup menu
>sequence. 2.  Highlight American Holidays. 3.  Click Edit List. 4. 
>Click Add Date. 5.  In the Date field, type 01/19/98. 6.  In the
>Description field type Martin Luther King, Jr. Day. 7.  Click OK. 8. 
>Click OK. 9.  Click Close.
>
>Note: You must set up the holiday by Sunday, 1/18/98 11:59pm. If it is
>not, you will need to perform Step B on the day after the holiday.
>
>B. What to do after the holiday if you did not add the holiday to the
>Holiday List: If you did not add the holiday to the Holiday List prior
>to the holiday, the server will collect daily settlement prices for
>the holiday, which will simply be a duplication of the previous day's
>settlement prices. Therefore, you will need to delete the daily data
>for the holiday. To do so: 
>
>1.  In the Omega Research Server, use the File - Delete menu sequence.
>2.  Remove the check next to Intraday. 3.  On the Daily line, set the
>Start Date to 01/19/98. 4.  On the Daily line, set the End Date to
>01/19/98. 5.  Click Add by. 6.  Highlight all DOMESTIC exchanges (Hold
>down the CTRL key while clicking the exchanges). 7.  Click OK. 8. 
>Click OK. 9.  In the "Delete data?" dialog box, click Yes.
>
>C.  Frequently-asked questions about holidays in general:
>
>Q:  Why is there a Holiday List?
>
>A:  Our server is scheduled to collect daily data after the close of
>each market on the days scheduled in the symbol/exchange universe. All
>of our compatible data feeds will continue to send the previous
>business day's daily prices (also known as refresh, settlement, or
>daily data) during the holiday. If a regularly scheduled day is a
>holiday (or non-trading day) and the holiday is listed in the Holiday
>List, the server will not collect this duplicate daily data. However,
>if the holiday is not listed in the Holiday List, the server will
>collect the same daily data two days in a row. Obviously, this will
>alter any technical analysis, which is why it is necessary to either
>a) setup the holiday in advance or b) delete the duplicated daily data
>after it has been collected.
>
>Q:  What other problems can I expect on the day after the holiday?
>
>A:  Your intraday and/or daily charts might contain gaps, which can
>alter results of any technical analysis. For example, when calculating
>a trend line, you should not include days with no trading. 
>
>Q:  How can I fix this "time gap" problem?
>
>A:  From the TradeStation or SuperCharts main menu, use the Tools -
>Options menu sequence. Click on the Price Data tab. Clear the checks
>from the first two check boxes in the dialog box and click OK. This
>removes all of the gaps on every intraday and daily chart on every
>workspace.
>
>Q:  Doesn't that throw off my trend line analysis if there really is a
>time gap that's not due to the holiday?
>
>A:  Yes. However, most traders aren't too concerned about this because
>trading (most of the time) is constant throughout the day.
>
>Q:  What about people who trade foreign markets that are open on the
>holiday?
>
>A:  When you follow the directions in this document, you are only
>altering the Holiday List for the domestic exchanges. Data collection
>from foreign exchanges will not be affected. 
>
>
>Please contact our Customer Support Center if you need further
>assistance with or have any questions about the above information.
>
>Dennis Boyle
>Omega Research
>Customer Support Center
>
>~~~~~
>....and bear in mind 
>that high reward does not come without its partner high risk !
>
>
James Semmons

jsemmons@xxxxxxxxxxxx

http://members.sockets.net/~jsemmons